I remember a long time ago when The Akron Beacon Journal did a multi~issue series on the graft and corporate corruption involving U.S. military spending. If I remember correctly, the corruption was so rampant, that even if a corporation was caught blatantly stealing or making subpar / unsafe parts, their contracts stated that all of their fines would be paid for by the government.
Why was I not surprised?
Today, because of the actions of a relatively few, Donald Trump wants to keep not just all Mexicans outside of the United States, but all Central and South American refugees as well.
These two seemingly random actions have giving me a third quite imaginative idea myself.
The next time the too big to fail banks fail, instead of leveling relatively small fines per dollar robbed, cheated or borrowed,and then having the said paid fines going into the Indiana Jones style vault never to be seen or heard from again, I suggest, we take these fines to erase student loans.
Why not? Who knows where these money thieves' penalty money really goes.If the banks snuggle up to the government like the war machine does, how do we even know that it is they that even pay the penalty? Maybe, they have terms where the government does.
Our government of the people, by the people,for the people should know and benefit from the illegal theft of their money and property. It should not go back anonymously into the very coffers that they may have never left from in the first place.
Mob like extortion rates on college loans is not just an outrage put upon U.S. citizens,but is a shining symbol of the political and corporate melding that has put profit before citizen representation and services that our government is supposed to be supplying to us.
When congress spends up to 60% of their time raising money, and the rest of the time obstructing the very government that they were voted in to office to support, I have very little faith that the billions of dollars in banking fines will ever see their way into actually benefiting the citizens that were robbed in the first place.
But, I will call out for justice, anyway. When the too big to fails are fined, use the money to erase all of the student loan shenanigans. We want to build a wall to stop a relatively few bad apples. We should destroy quasi legal student loans via the corrupt banking majority.
1 comment:
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